2390 Rainbow Court, Hayward, California 94542, Hayward, 94542 - 5 bed, 3 bath
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2390 Rainbow Court
Hayward, California 94542
ACTIVE
CONDITION: GOOD
5Beds
3Baths
3,238Sq Ft
5,062Lot Size
Property Price
LIST PRICE$1,699,000
EST. MARKET VALUE
$1,544,761
9% AboveMARKET VALUE
SUMMARY
This Spacious Hayward Hills Residence is a High-Potential Investment Opportunity, listed at $1,699,000—positioned above the $1,522,937 Fair Market Value. While the price reflects a premium, the home offers a Condition Rating of 3, featuring a Gourmet Kitchen and Panoramic Bay Views. Zoned for the sought-after Stonebrae Elementary School, this property provides a rare blend of privacy and lifestyle appeal. Despite the extended market time, the functional layout and scenic location make this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready sanctuary.
Estimated Market Value
$1,544,761
Based on Realkey algorithm analyzing recent comparable sales in Hayward.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2390 Rainbow Court Subject 5 bd · 3 ba · 3,238 sqft · $477 | $1,699,000* List Price | 5 | 3 | 3,238 | $477 | - |
A 2703 Tribune Ave Sold 5 bd · 6 ba · 3,581 sqft · $447 · 0.2 mi | $1,600,000 | 5 | 6 | 3,581 | $447 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2005 (21 years old), the home is well-maintained and move-in ready. It features recent updates including new wide-plank flooring, fresh interior paint, and stainless steel appliances. While the kitchen cabinetry and bathroom vanities reflect the original 20-year-old style, the overall condition is functional and clean with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Scenic Views & Location
Situated on a quiet cul-de-sac in the Hayward Hills, the home offers breathtaking, sweeping views of the Bay and surrounding hillsides, providing a serene and premium atmosphere.
- Modern Spacious Interior
With 3,238 sq ft of living space and five bedrooms, this 2005-built home features a functional, light-filled layout and a gourmet kitchen, making it ideal for large families and entertaining.
- Desirable School Zoning
The property is zoned for the sought-after Stonebrae Elementary School, which enhances the home's appeal and long-term investment value for families.
CONSRISKS & DEFICIENCIES
- Limited Outdoor Space
The lot size of 5,062 sq ft is relatively small for a home exceeding 3,200 sq ft, which may restrict backyard privacy and outdoor recreational options.
- Extended Market Time
With 123 days on the market and a recent price reduction, the property may be facing challenges with buyer perception or initial overpricing relative to current market demand.
About 2390 Rainbow Court
Nestled on a quiet cul-de-sac in the Hayward Hills, this stunning and thoughtfully updated home offers sweeping Bay and hillside views, abundant natural light, and a spacious, functional layout. Large windows frame breathtaking scenery while expansive living spaces and seamless indoor-outdoor flow create an inviting setting for everyday living and entertaining. The gourmet kitchen features granite countertops, stainless steel appliances, and modern recessed lighting, blending style with functionality. With 5 bedrooms, 3 bathrooms, and 3,238 sq ft of living space, there is room for everyone. Located near Cal State East Bay, parks, trails, and major commuter routes, and zoned for desirable Stonebrae Elementary School, this home offers a rare blend of privacy, convenience, and stunning natural surroundings in a community of newer homes.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2005
- Lot Size
- 5,062 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Hayward Unified Schools
Stonebrae Elementary School
Grades K-6 • 1.7 mi
5/10
Bret Harte Middle School
Grades 7-8 • 1.7 mi
3/10
Hayward High School
Grades 9-12 • 1.4 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 3,238 | 1,445.564 |
| Lot Size | 5,062 | 5,648 |
| Price | $1.70M | $903.5K |
| Price per sq ft | $525 | $642 |
| Built year | 2005 | 1955 |
| HOA | $0 | $202 |
| Days on market | 162 | 43 |
Pricing History
Listed for Sale
Jul 16, 2026
$1,699,000
$1,750,000
-3% Price Drop
Initial Listing
Price Change
May 15, 2026
$1,750,000
Initial Listing
Sold
Mar 4, 2009
$547,000
Public Record
Sold
Nov 23, 2005
$1,189,000
Public Record
Sold
May 14, 2004
$195,000
Public Record